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Figure 14-9 -Refer to Figure 14-9.When the Market Is in Long-Run Equilibrium

question 22

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Figure 14-9
Figure 14-9    -Refer to Figure 14-9.When the market is in long-run equilibrium at point A in panel (b) ,what will happen to the firm represented in panel (a)  A) It will have a zero economic profit. B) It will have a negative accounting profit. C) It will exit the market. D) It will increase its output.
-Refer to Figure 14-9.When the market is in long-run equilibrium at point A in panel (b) ,what will happen to the firm represented in panel (a)


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